Zazoo, previously referred to as Net1 Mobile Solutions, a financial services provider in the mobile space, has launched its Utility Vending System at African Utility Week (AUW) held in Cape Town. This turnkey vending solution simplifies tariff management and consumer arrears collection, allowing utilities and municipalities to manage prepaid vending for electricity, water and gas
In general, businesses are increasingly exposed to risks associated with handling cash, leading to the need for comprehensive insurance cover which consumes a sizeable amount of business profits. According to Kabir Dhupelia from FNB Cash Solutions, businesses should make use of new and advanced solutions to protect themselves when handling cash. “Even though there has
Plenty of progress has been made on increasing the size of Africa’s banked population. The trouble is, from the amount of noise that is made about the topic, you would be forgiven for thinking we had fixed the problem when we really haven’t. According to the World Bank, today, 62 per cent of the world’s
Gemalto, the world leader in digital security, is supplying Saracens, one of the UK’s most successful rugby union clubs, with prepaid wristbands that offer fans speedy and secure contactless payment for food and drink at its Allianz Park stadium in north London. The pilot project marks the first step towards deployment to all season ticket
As e-commerce continues to gain popularity across the African continent, more effort needs to be paid towards facilitating flawless delivery to customers. This is further supported by the Global e-Commerce Logistics 2015 report which reveals that e-commerce logistics is rapidly changing to keep pace with this quickly evolving market. This is according to Sumesh Rahavendra,
Gemalto, the world leader in digital security, reinforces its Ezio range of online banking protection with the newly integrated transaction monitoring software – the Ezio Dynamic Fraud Manager. Gemalto is working with NCR, the global leader in consumer transactions technologies, to offer the Fractals intelligent fraud detection solution as part of the Ezio solution. It
Simon Denny has been appointed Head of Investment Banking for Deutsche Bank South Africa. He will be based in Johannesburg and report locally to Peter Wharton-Hood, Chief Country Officer. Simon takes over as Head of Investment Banking succeeding Kevin Latter. Since joining Deutsche Bank in 2008, Simon has advised many South African blue chip corporate
Standard Bank Group signed a US$250 million loan agreement with the Japan Bank for International Cooperation (JBIC). The credit line is co-financed by Mizuho Bank, Ltd, with JBIC providing a partial guarantee for the co-financed portion. The funding will be used by Standard Bank Group to on-lend to green energy projects in sub-Saharan Africa. The
Multi-banking is becoming a common trend in South Africa as various businesses, public sector institutions as well as individuals prefer to bank with more than one banking partner. According to an annual business tracking survey done by TMS, 14% of small businesses do not have a ‘main bank’ and this is also prevalent in 26%
In line with Sub-Saharan Africa’s (SSA) projected economic growth of 4.9%(1) this year, which is double the projection for advanced economies (2.4%), DHL SSA expects 2015 to be a year of growth for the logistics industry on the African continent, largely driven by increased consumer demand and the rapidly developing e-commerce industry. This is according
